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2012-11-SPTM-rpt
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2012-11-SPTM-rpt
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3/2/2022 3:28:40 PM
Creation date
7/30/2013 2:46:56 PM
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Archives
Year
2012
Department
Town Clerk
Keywords or Subject
Minutes - AC - Appropriation Committee
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APPROPRIATION COMMITTEE REPORT TO THE NOVEMBER 2012 STM <br />Preface <br />This Preface describes the structure and stylistic conventions used in this report. It is followed by an <br />Introduction discussing changes in the Town's financial status since the most recent Annual Town Meeting <br />in April 2012, and issues pertinent to the Town's general financial situation. The main body of this report <br />contains article -by- article discussions and recommendations on those articles that, in our opinion, have <br />substantial financial relevance. <br />The discussion for each article presents the consensus view of the Committee, as well as any other <br />considerations or cautions that we feel Town Meeting should be informed of In the case where one or more <br />Committee members are strongly opposed to the majority position, we summarize the opposing perspective. <br />Each Article discussion concludes with the most recent vote of the Committee prior to publication. This is <br />summarized by the number of members in favor, followed by the number of members opposed, and lastly <br />(when applicable) the number of members abstaining, e.g. "(6 -2 -1)" indicates six members in favor, two <br />opposed, and one abstaining. For convenience, Committee votes are also summarized on the preceding page. <br />This report does not replicate information readily available to Town Meeting members elsewhere. Key <br />documents that inform our analysis and provide a more thorough picture of the Town finances are: <br />• FY2013 Recommended Budget & Financing Plan, dated March 2, 2012, commonly known as the <br />"Brown Book ", which documents the complete municipal budget of the Town of Lexington. This <br />document also summarizes budget laws and bylaws (Appendix B) and includes a glossary of <br />financial terms (Appendix D). <br />• School Committee Fiscal Year 2013 Annual Town Meeting Budget Request, which details the budget <br />plans for the Lexington Public School System. <br />• TIIMA Warrant Information Report (November 2012), published by the Town Meeting Members <br />Association. <br />• Capital Expenditures Committee (CEC) Report to the 2012 Special Town Meeting. <br />Acknowledtements <br />The content of this report, except where otherwise noted, was researched, written and edited by members of <br />the Committee with support from town staff. Our Committee has the pleasure and the privilege of working <br />with Town Manager, Carl Valente; Assistant Town Manager for Finance, Rob Addelson; our Budget Officer, <br />Theo Kalivas; the Capital Expenditures Committee; the Community Preservation Committee; the School <br />Committee; the Superintendent of Schools, Dr. Paul Ash; the Assistant Superintendent for Finance and <br />Operations, Mary Ellen Dunn; and the Board of Selectmen. We thank the municipal and school staff, Town <br />officials, boards and volunteers who have contributed time and expertise in support of our work. <br />
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